Versatile Flex-Industrial
For Sale
Contact for pricing
890 Blake Bottom Road, Huntsville, AL 35806
Industrial-commercial building with county zoning and unfinished office space for tailored operations on a multi-acre site.
Property Size13,875 SF
Lot Size4.60 Acres
Price / SF$317.12
Days on Market77
Property Features for 890 Blake Bottom Road
General Information
Standard status
Active
Size
13,875 SF
Lot size
4.60 Acres
Property subtype
Retail, Industrial
Zoning
Business,Commercial,Industrial
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Stories
1
Listing Agency:
Ainsworth Real Estate
(256) 679-0189
Listed By:
Amy Campbell · License #AL144413
Source:
Crexi
Added: May 27
Changed: Aug 8
Last Checked: Aug 10 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ainsworth Real Estate
Investment Insights
Based on property information with market context.
This versatile industrial/commercial building offers a flexible setup for a range of business uses. The property includes approximately 13,875 square feet of building area and sits on 4.6 acres, providing room for operations that benefit from on-site space. A notable feature is about 1,875 square feet of unfinished office space, allowing a buyer or operator to customize the office area to support their specific workflow.
Located in North Huntsville, the site is described as having excellent access to major transportation routes, with proximity to Redstone Arsenal and the greater Huntsville market. The property is under county zoning, which supports the intended flexibility for different operational needs.
For tenants or buyers seeking a functional combination of industrial space plus the ability to finish office space, this layout can be a practical match. The unfinished office area provides the opportunity to design an office component around day-to-day requirements, while the remaining building area supports industrial or commercial uses consistent with the property’s flexible positioning. If you’re looking for a single site that can accommodate both operations and tailored administrative space, this property offers a straightforward foundation to build from.
Located in North Huntsville, the site is described as having excellent access to major transportation routes, with proximity to Redstone Arsenal and the greater Huntsville market. The property is under county zoning, which supports the intended flexibility for different operational needs.
For tenants or buyers seeking a functional combination of industrial space plus the ability to finish office space, this layout can be a practical match. The unfinished office area provides the opportunity to design an office component around day-to-day requirements, while the remaining building area supports industrial or commercial uses consistent with the property’s flexible positioning. If you’re looking for a single site that can accommodate both operations and tailored administrative space, this property offers a straightforward foundation to build from.
Key Highlights
- 13,875 SF industrial/commercial building on 4.6 acres in North Huntsville with county zoning
- Includes ~1,875 SF unfinished office space for custom build‑out to fit operational needs
- Versatile property designed for a variety of uses with county zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$177,260
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,545,200
$3.5M
Cap Rate 7%
$2,532,286
$2.5M
Cap Rate 9%
$1,969,556
$2.0M
Market Conditions
NOI Build-Up for 13,875 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$278.1K $20.04/SF
− Vacancy
−$41.7K −$3.01/SF
EGI
$236.3K $17.03/SF
− OpEx
−$59.1K −$4.26/SF
NOI
$177.3K $12.78/SF
Area
Huntsville, AL
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,545,200
Cap Rate 7%
$2,532,286
Cap Rate 9%
$1,969,556
Alternative Uses
Best Use
Office B
$2.53M
$2.22M – $2.95M
NOI $177,260 @ 7.0% cap · market cap 4.03%
Second Best
Flex RnD
$2.13M
$1.87M – $2.49M
NOI $149,351 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$3.61M
$3.16M – $4.22M
NOI $252,914 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-commercial building with county zoning and unfinished office space for tailored operations on a multi-acre site.
Where is this flex space located?
The property is located at 890 Blake Bottom Road Huntsville, AL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 13,875 SF industrial/commercial building on 4.6 acres in North Huntsville with county zoning; Includes ~1,875 SF unfinished office space for custom build‑out to fit operational needs; Versatile property designed for a variety of uses with county zoning
